London Daily

Focus on the big picture.
Friday, Aug 21, 2026

Rishi Sunak's Billionaire Wife Akshata Murty Builds Ties To World's Super-Rich

Rishi Sunak's Billionaire Wife Akshata Murty Builds Ties To World's Super-Rich

Akshata Murty describes Catamaran Ventures on LinkedIn as a family office based in London and Bangalore that focuses in the UK on local brands

Akshata Murty, the wife of UK Chancellor Rishi Sunak, has developed links to some of the world's richest families through her private investment firm, Catamaran Ventures UK.

Previously unreported filings show that Murty's family office was an early backer of dara5, a private investment community for "the next generation of global leaders," co-founded in 2019 by a member of Qatar's ruling dynasty, the Al-Thani family. Catamaran has also acquired a stake in The New Craftsmen, a luxury British furniture marketplace whose shareholders include Rupert Murdoch's oldest daughter, Prudence, and the Al Tajir family, the Emirati owners of the Park Tower hotel in London's Knightsbridge district.

Murty, 42, who was born in India and is still an Indian citizen, has a net worth of about $1.2 billion thanks to her stake in Infosys Ltd., the software giant founded by her father Narayana Murty, according to the Bloomberg Billionaires Index. The Bangalore-based company's shares have surged more than 2,000% since Murty was first publicly disclosed as a shareholder in 2001, though they have struggled this year in the face of a broad tech selloff.

Catamaran Ventures is the name of the Murty family's main investment entity based in Bangalore. Narayana Murty is chairman of the firm, which employs about 15 staff in India overseeing holdings worth more than $1 billion spanning e-sports, insurance and Elon Musk's Space Exploration Technologies Corp.

Akshata Murty describes Catamaran Ventures on LinkedIn as a family office based in London and Bangalore that focuses in the UK on local brands that need capital, management expertise and network partners. She is the British branch's only director and shareholder.

Murty has helped to run some of her UK investments. She became a director in 2017 of New & Lingwood, an outfitter for students of England's prestigious Eton College - Prime Minister Boris Johnson's alma mater - which charges tuition fees of about £45,000 a year. She stepped down from the role in February. A spokeswoman for New & Lingwood declined to comment.

In 2017 Murty also became a director at Digme, a London-based fitness company that went into administration in February. Murty, who is still a director, owned a 4.4% stake as of February. Catamaran's other investments include a holding alongside British hedge fund manager Hugh Sloane in the company that launched Wendy's restaurants in India.

Murty's Wealth Hits Sunak Popularity


The revelation in April that Murty enjoyed "non-domiciled" tax status in the UK, meaning she paid no local taxes on overseas income, has pushed her wealth - as well as her husband's - into the news just as a cost-of-living crisis began to bite across Britain. The furore prompted her to relinquish that status in April, and contributed to a significant decline in Sunak's approval ratings.

Murty didn't provide a response to a request for comment, while a spokesperson for Sunak declined to comment.

The chancellor, a former Goldman Sachs Group Inc. banker and hedge fund manager with the Children's Investment Fund and Theleme Partners, was previously seen as the front-runner to succeed Johnson as prime minister, but disclosures about his family wealth fueled concerns that he is out of touch with ordinary Britons.

Sunak on Thursday announced a 25% windfall tax on the profits of oil and gas firms and pledged cash handouts to millions of Britons facing sharp increases in energy bills and other outgoings.

Murty and Sunak met while studying for MBAs at Stanford University in mid-2000s. They married in 2009, and still own a property in California, a penthouse overlooking the ocean. In April, Sunak referred himself to the independent adviser on ministers' interests over his wife's tax status and his past ownership of a US green card. He was cleared of breaching the ministerial code.

Sunak previously declared in the official parliamentary register that Murty owns Catamaran Ventures, but has not given details of its investments. He transferred his 50% stake in the company to Murty when he became a member of Parliament in 2015.

Newsletter

Related Articles

0:00
0:00
Close
Bitcoin Surges Toward $80,000 as Short Squeeze and ETF Inflows Ignite Crypto Rally
Twenty-Nine US States Take Meta to Trial Over Alleged Child Addiction on Instagram and Facebook
Former Scottish National Party Executive Peter Murrell Jailed for Five Years Over £400,000 Embezzlement
Moderna and Merck's Personalized Cancer Vaccine Succeeds in Historic Late-Stage Melanoma Trial
Prince Harry and Meghan to Move Back to Britain With Their Children
England and Wales Have Fewer Than 1,800 Prison Places Left for Men
Royal Navy to Accelerate DragonFire Laser Deployment Against Growing Drone Threat
Northern Ireland Approves Five Hundred Million Pound Belfast Harbour Expansion
Great British Railways Takes Full Control of Avanti West Coast as Rail Nationalisation Reaches Final Stage
UK AI Safety Institute Calls for Mandatory Security Audits of Advanced AI Models
Scotland Secures Three Billion Pounds for Floating Offshore Wind Hub in Aberdeen
Government Overrides Local Councils to Approve Green Belt Housing Across Southern England
UK and EU Move Toward Mutual Recognition of Food Standards to Ease Cross-Channel Trade
Government Plans Multibillion-Pound Private Healthcare Expansion to Cut NHS Surgical Backlogs
Bank of England Signals Faster Rate Cuts as Inflation Falls Below the Two Percent Target
Suspected People Smuggler Arrested After Investigation Identified Him
Children's Doctors Warn That Vaping Can Lead Young People to Smoking
Hundreds of Thousands of Students Receive GCSE and Vocational Results Across England, Wales and Northern Ireland
Here Is What Can Never Happen in Your Country: Taiwan Is Giving Money to All Its People Because It Collected Too Much Tax
UK Inflation Rises to 2.9% as Energy Bills Jump
UK Issues New Conduct Guide for Asylum Seekers on Consent and Respect
Moderna Shares Surge After Positive Personalized Skin Cancer Trial Results
UK Markets Watch US National Debt Surpass Forty Trillion Dollars
UK Broadcasters Urge Government to Invest in Digital Participation and Broadband
CVC Capital Partners and Standard Life Launch Two Billion Pound Pension Risk Transfer Venture
UK Private Sector Productivity Growth Accelerates in Second Quarter
UK Foreign Secretary Ed Miliband Condemns Israeli E1 Settlement Tender
UK Watchdog Investigates Trainline, Virgin Atlantic and RED Driving School Over Hidden Fees
Prince Harry and Meghan Markle Plan Move to Private Home Outside London
UK Retail Sentiment Improves as Summer Spending Boosts Consumer Confidence
UK Aid Cuts Draw Warnings From Charities Over Humanitarian Consequences
UK Financial Conduct Authority Issues Guidance for Motor Finance Redress Scheme
UK Met Office Launches Aviation Programme to Reduce Climate Impact of Persistent Contrails
Former UK Civil Service Chief Received Record 500,000 Pound Severance Payment
West Midlands to Bring Bus Network Under Public Franchising Model
UK Government Drops Plan to Relax Affordable Housing Requirements After Backlash
UK Reaffirms Military Support for Ukraine Despite Russian Hybrid Warfare Threats
UK Technology Sector Expands Nearly 8 Percent as Digital Industry Outpaces Wider Economy
UK Drought Threatens Harvests Across England and Wales as Food Inflation Risks Persist
UK Government Pledges 442 Million Pounds to End Rough Sleeping by Christmas
UK Government Signals Willingness to Reconsider Digital Services Tax Amid US Tariff Threats
UK Inflation Rises to 2.9 Percent as Energy Costs Threaten Economic Recovery
NHS Hospitals Cancel Surgeries as Extreme Heat Pushes Ward Temperatures Above 40 Degrees Celsius
UK Heatwave Forces Emergency Measures as Wildfire Risk, Hospital Disruption and Drought Intensify
A Sleepless Night on Wall Street: Nasdaq to Begin Nearly Round-the-Clock Trading
"The First in the World": 69-Year-Old Protested Artificial Intelligence—and Went to Jail
Ukraine's Ousted Defence Minister Calls for Wartime Presidential Election
UK Marks Ten Years of Night Tube as London Weekend Usage Exceeds Eighty-One Thousand Journeys a Night
Met Office Issues Thunderstorm Warnings Across Northern Ireland Over Flash-Flood Risk
Frasers Group Raises Stake in Hugo Boss to Nearly Forty-Eight Percent
×